External forces that can impact an industry include
A) political, energy, sustainability, and training
B) procedure, environmental, supplier, and tactical
C) position, economic, service, and procedural
D) political, economic, social, and technical

Question

Quizplus · Accepted Answer

External forces that can impact an industry include political factors such as government regulations and policies, economic factors like inflation and exchange rates, social factors such as cultural trends and demographics, and technological advancements. Sustainability, training, procurement, and tactical considerations are important factors, but they are subcategories that fall under these broader external forces. Therefore, the best choice is D, which covers all the primary external forces that can impact an industry.

External Forces That Can Impact an Industry Include